GOP Pledge-O-MeterTracking the promises of the GOP Leadership in Congress
Permanently stop "all tax increases, currently scheduled to take effect January 1, 2011."
"Allow small business owners to take a tax deduction equal to 20 percent of their business income."
"Will require congressional approval of any new federal regulation that has an annual cost to our economy of $100 million or more."
Will repeal mandate in the health care bill that requires small businesses to "report to the Internal Revenue Service any purchases that run more than $600."
Will "move immediately to cancel unspent 'stimulus' funds, and block any attempts to extend the timeline for spending 'stimulus' funds."
Will "roll back government spending to pre-stimulus, pre-bailout levels, saving at least $100 billion in the first year alone."
Will "set strict budget caps to limit federal spending on an annual basis."
Will "make Congress do more with less by significantly reducing its budget."
Cancel the Troubled Asset Relief Program (TARP), "a move that would save taxpayers tens of billions of dollars."
Will reform Fannie Mae and Freddie Mac by "ending their government takeover, shrinking their portfolios, and establishing minimum capital standards," saving taxpayers as much as $30 billion.
Will adopt a policy similar to those in 20 states that require that programs end – or "sunset" – by a date certain.
Will require "a full accounting of Social Security, Medicare, and Medicaid, setting benchmarks for these programs and reviewing them regularly, and preventing the expansion of unfunded liabilities."
Will "immediately take action to repeal" the health care law.
Will "enact common-sense medical liability reforms to lower costs, rein in junk lawsuits and curb defensive medicine."
Will "allow individuals to buy health care coverage outside of the state in which they live."
Will "improve Health Savings Accounts by making it easier for patients with high-deductible health plans to use them to obtain access to quality care."
After repealing health care law, will "enact into law conscience protections for health care providers, including doctors, nurses, and hospitals," such as allowing them to decline to provide abortion services.
Will "ensure that bills are debated and discussed in the public square by publishing the text online for at least three days before coming up for a vote in the House of Representatives."
Will "require each bill moving through Congress to include a clause citing the specific constitutional authority upon which the bill is justified."
Will "end the practice of packaging unpopular bills with 'must-pass' legislation to circumvent the will of the American people." Instead, "will advance major legislation one issue at a time."